HDI Global reports 30% increase in fire book as turnaround programme pays off

HDI Global's CEO Edgar Puls

HDI Global has achieved price increases of 30% in its core industrial fire insurance book and brought its combined ratio down from 109.1% in 2018 to roughly 101% for 2019, according to preliminary full-year figures published by parent group Talanx. The Hanover-based insurance group launched a serious restructure of its industrial fire book in the second quarter of 2018, after…

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